Announced
Completed
Financials
Tags
United Kingdom
reducing food waste
Waste and Disposal Services
Acquisition
Cross Border
Private
Friendly
Minority
Private Equity
Completed
Single Bidder
Synopsis
ABC Impact, a private equity firm, completed the investment in Winnow, an AI-driven food waste reduction solutions provider. Financial terms were not disclosed. "Food loss and wastage has a vast economic, social, and environmental impact – depleting resources, worsening global hunger, and increasing greenhouse gas emissions. The innovative AI-driven food waste management solution developed by Winnow has been successfully deployed globally and we are excited to support Winnow's growth by reaching more commercial kitchens in Asia in the coming years. When we reduce food loss and waste, we can mitigate the pressure on climate, water, and land resources – and ultimately contribute towards a more sustainable future," Sugandhi Matta, ABC Impact Chief Impact Officer.
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